On April 6, 2011, Hawaiian Airlines, Inc. (Hawaiian), a Delaware corporation and wholly-owned subsidiary of Hawaiian Holdings, Inc. (the Registrant), entered into a Loan Agreement (the Loan Agreement) with Natixis, as administrative agent; Wells Fargo Bank Northwest, National Association, not in its individual capacity, except as expressly stated therein, as security trustee; Landesbank Hessen-Thüringen Girozentrale, KfW IPEX-Bank GmbH and Natixis Transport Finance, as joint lead arrangers; and the lenders from time to time party thereto, in the aggregate principal amount of up to $65 million (the Loan). The proceeds of the Loan will be used by Hawaiian to finance a portion of the purchase price of one Airbus A330-200 including two Rolls-Royce Model Trent 772B-60 engines (the Purchased Aircraft).

The Registrant previously announced, in February 2008, the execution of an agreement with Airbus S.A.S. (and amendments to such agreement have subsequently been disclosed) for, among other things, the purchase of the Purchased Aircraft.

The Loan will bear interest, at Hawaiians election, at either a floating rate based on a margin over LIBOR or a fixed rate, will fully amortize over a twelve year period and is subject to a prepayment fee for voluntary prepayments during the first three years of the Loan Agreement. The Loan is secured by a first priority security interest over the Purchased Aircraft.

The foregoing description of the Loan Agreement is not complete and is qualified in its entirety by reference to the full text of such agreement which the Registrant intends to file with the Securities and Exchange Commission as an exhibit to its report on Form 10-Q for the second quarter of its 2011 fiscal year. The Registrant also intends to seek confidential treatment of certain terms of such agreement at such time.

ITEM 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

The information set forth under Item 1.01, Entry into a Material Definitive Agreement, is incorporated herein by reference.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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